OYO launches ‘stay now pay later’ programme for Indian travelers

Hospitality firm OYO on Tuesday announced a stay now pay later (SNPL) programme that will give Indian travellers flexibility in planning their summer travel.

OYO has partnered Simpl, a credit-based payments service, for the programme. SNPL will provide customers with a credit limit of up to Rs 5,000 which can be settled after 15 days of a hotel stay. It can be accessed on the home screen of the OYO app. Customers can then opt for the SNPL plan suiting their requirements.